Steven A. Cahillane, Chief Executive Officer at Kraft Heinz Co (KHC), bought 213,106 shares at $23.46 ($5.0M) on 2026-05-12, disclosed to the SEC on 2026-05-13.
CEO Steven Cahillane purchased $5.0M worth of shares at $23.46, marking the largest purchase of his career. This significant insider buying occurs as the stock trades near its 52-week low and amidst a strategic product launch.
The stock is currently trading at $23.16, down 16.06% over the past year and 4.77% over the last 90 days. It sits 20.66% below its 52-week high of $29.19 but remains 10.02% above the 52-week low of $21.05.
A new JELL-O Simply product line launched on May 22, featuring no artificial sweeteners or colors, as part of a multi-year plan to remove synthetic colors by 2027. Additionally, CEO Cahillane's purchase of $5.0M on May 12 marks the largest insider purchase in the company's history.
The stock carries a short interest of 9.13% of the float, indicating significant bearish sentiment. Additionally, a recent report on May 22 highlighted concerns regarding the company's valuation and debt levels.
Nothing distinguishes this filing.
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| K | BUY | 2018-11-19 | $2.2M | — | Filing → |
| K | BUY | 2017-11-06 | $999K | — | Filing → |
| KO | SELL | 2011-12-02 | $3.5M | — | Filing → |